Free Bali and Jakarta Real Estate Investment and Retirement Seminars

Whether you are a buyer, seller, broker, agent, investor, lessor or renter you can benefit from attending one of our two free Real Estate Seminars in Bali this month.

At these seminars PT. B.A.L.I’s Canadian President, Lawrence, a 22 yr. Bali resident, President of 14 yr. old company with 135 staff, married to Azizah, a fully Licenced Notaris will review the most recent real estate laws for Indonesians and Foreigners in detail.

Then they will also provide a full colour audio, visual presentation with many professional charts on the Past, Present, and Future of Bali Real Estate.

Free Seminar Schedule:

Location: Bali, Emerald Villas, Jl. Karangsari, # 5, Sanur, Bali, Indonesia.

Dates & Times:

Location: Jakarta, Le Meridien Hotel

Dates & Times:

1. Thursday - Nov. 1st. 6:30 PM - 7:45 PM

2.Saturday - Nov. 3rd. 2:00 PM - 3:15 PM

Location: Bali, Emerald Villas, Sanur

Dates & Times:

1. Thursday - Nov. 8th. 6:30 PM - 7:45 PM

2.Saturday - Nov. 10th. 2:00 PM - 3:15 PM

Seminar Topics:

At these seminars you will learn about:

  • The Past, Present and Future of Bali, Indonesia, Asian and Australian real estate.
  • Why a recent official clarification of foreign ownership laws allows foreigners to totally control Indonesian properties for up to 80 years without leases?
  • How to avoid legal problems and make sure a property is safe.
  • How to avoid complicated real estate laws affecting Indonesians married to foreigners.
  • Why this is the second best time to buy this century.
  • Where are the best locations to buy for maximum profits?
  • What type of properties will offer the best investment potential of *10% to 20 % per year?
  • Discover how you can sell your property fast for the highest prices and lowest commissions on a brand new web site designed after the largest most successful real estate site in America with high tech search features.
  • An opportunity for a free listing on B.A.R.E. First Class Beachfront property at almost 50% discount.
  • A Quality 5,000 m2 Bali Hotel with 12 bungalows, 3 pools and Restaurant for only $588,000.
  • Low cost properties with Luxury Villas starting as low as $158,000 for a three bedroom 650 m² 3 bedroom, 4 bath with private 9 mtr. Pool.
  • Ridiculously low priced ocean view building lots starting as low as $25,000 for 500 m².
  • Brand new Bali Luxury Reiremnmet Villas starting at $208.00 per mth.

Limited Seating & Free Parking: Seating is very limited for these free seminars so please avoid disappointment and make reservations A.S.A.P. Click Here For a Reservation

Or Email: seminarsptbali@gmail.com or Tel: Office: 62-361- 284069 For Bahasa English 62-8123814014 – Bahasa Indonesia or 62-8123632177


Friday, 20 July 2018

Australian Housing Costs Rival New York’s, but Boom May Be Ending



A view of Dover Heights and neighboring areas of central Sydney, Australia. Housing prices have slipped slightly this year in the city after a steep run-up in recent years.CreditCameron Spencer/Getty Images


By Isabella Kwai and Adam Baidawi NEY — The home wasn’t perfect. The two-bedroom townhouse lacked parking and a backyard. Its proximity to a major road and a train station made for noisy evenings.

But like many young Australians, Georgia Blackie felt she needed to buy it or rent for the rest of her life.

She lives in Melbourne, one of the world’s wildest and most expensive real estate markets. The values of dwellings there have risen by more than 50 percent in the last six years alone. In Sydney, Australia’s other big real estate capital, the increase has been even higher. The two cities are among the world’s least affordable for housing, according to one survey, worse than famously pricey places like New York and London. Mortgage debt puts Australian households among the world’s biggest borrowers.

Lately it has cooled off, though, and people like Ms. Blackie may pay the price.

She and her partner closed on the townhouse last August for 720,000 Australian dollars, or about $533,000. But since the market’s peak in November, neighborhood home values have slipped about 6 percent.

“If property prices do go backward,” said Ms. Blackie, a 31-year-old lawyer, “where does that leave you?”

A real estate bacchanalia in recent years in Sydney and Melbourne turned some homeowners into millionaires and left many millennials believing they would never be able to afford homes, sometimes leading to riftsbetween the two groups. Now the market’s party is taking a pause.

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Nobody is predicting an American-style housing crisis just yet. In fact, many economists predict that housing prices will soon rebound.
Construction in Melbourne, one of the world’s wildest and most expensive real estate markets.CreditMick Tsikas/Reuters


But a sustained slump could crimp consumer spending and pressure homeowners who borrowed too much under generous mortgage terms at a time of stagnant wage growth. Global interest rates are rising too, which means many Australians could be facing higher interest payments, thanks to the popularity of adjustable-rate mortgages.

If many households are forced to sell, “to me that’s the biggest match that could ignite things,” said Richard Holden, a professor of economics at the University of New South Wales.

While price increases elsewhere in recent years have been more modest, Sydney and Melbourne account for the lion’s share of Australian real estate. They make up about 40 percent of the population and a majority of the property market value. Home values in both cities dropped last year, in some places in Sydney by more than 10 percent, according to Corelogic, a property data provider. So far this year they have dropped more than 2 percent in Sydney and almost 2 percent in Melbourne.

The decline has a number of causes, including new restrictions on foreign buyers, which hindered wealthy émigrés and investors from China. But a major factor is that Australians probably could not take much more. Prices, many experts say, simply rose too high too quickly.

“We are on the edge of a precipice,” said Martin North, principal analyst for Digital Finance Analytics, an independent research and advisory firm. “All of the forces that have driven the home sector and the debt sector higher in the last 20 years are all coming to a critical inflection point.”

All of this has taken some air out of what some experts describe as a bubble, as a recent Saturday-morning auction in the Sydney suburb of Ryde showed.

The owners of a three-bedroom villa there were hoping it would fetch A$1.25 million. In June 2017, as many as 90 percent of homes put up for auction each week were sold. These days, less than half are selling.

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A roundabout in southern Sydney. The city, along with Melbourne, has long been a center of fevered real estate buying and selling.CreditCameron Spencer/Getty Images

When the auctioneer asked for an opening bid, he received only tight-lipped smiles and an awkward silence. A kookaburra cackled. No sale was made that day.
“It’s a bit nerve-racking,” said Chris Jabbour, a young real estate agent who welcomed people through the door before the auction. “You don’t really know what’ll happen next.”

So far, the economic damage has been minimal. Mortgage delinquency rates were largely stable last year, according to S & P Global, a ratings firm, though they are expected to rise this year. Moody Analytics, a financial intelligence firm, forecasts that home prices will resume rising by year’s end.

Still, signs of stress are showing. Mr. North, the analyst from Digital Financial Analytics, estimates that of 3.5 million mortgages where the owner lives in the home, almost a third of the households have incomes close to or less than their expenditures. He predicts that at least 50,000 homeowners may default in the next 12 months.

The long run-up in housing prices mirrors Australia’s boomtime economy, which has not seen a recession in more than a quarter-century. Demographics helped Sydney and Melbourne in particular, as the cities attracted both Australians and immigrants.

The run-up has put local home buyers under pressure. After Switzerland, Australia has the highest ratio of household debt to economic output among a group of nations that includes the United States, Europe, China and other Asian countries, according to the Bank for International Settlements, an organization that links up central banks. About one-quarter of Australian households have less than one month’s extra put aside in savings to make the next mortgage payment, the country’s central bank said in February.

Domain, an Australian real estate website, found in June that the average Sydney couple would take nearly nine years to save for a 20 percent deposit on an entry-level home near the city’s central districts.

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